According to the public record, 7, Stepney Causeway, London is a mid-century leasehold apartment with 914 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Stepney Causeway, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
7, Stepney Causeway, London has a single entry in the Land Registry database from March 2006 and a single entry in the EPC database dated June 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 7 Stepney Causeway London as £383,090 and the rental value as £2,237 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 7 Stepney Causeway London has decreased by £4,731 (1.2%) and its rental value has increased by £82 per month (3.7%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 7, Stepney Causeway, London is in very good condition we estimate a sale value of £402,245 and rental value of £2,348 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £356,274 and a rental value of £2,080 per month.
If you were able to purchase this property for the estimated value of £383,090, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,883 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 7, Stepney Causeway, London was last sold on 09 Mar 2006 for £213,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Stepney Causeway, London within a radius of 280 metres over the last 2 years.
The most recent example is 58, Lipton Road, London, E1 0LJ, a Leasehold flat which sold for £327,500 in Sep 2023.
Read more about house prices in E1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stepney Causeway, London, E1 has a total of 62 addresses. According to our analysis of all the public data, 7, Stepney Causeway, London is the 12th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £139k less expensive than the average property in E1.
7, Stepney Causeway, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Jun 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to 7, Stepney Causeway, London is Limehouse station which is 400 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Stepney Causeway, London, 53.7% of property is socially rented and 29.9% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 7, Stepney Causeway, London, 28.2% of residents are recorded as possessing school level qualifications and 34.5% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 7, Stepney Causeway, London, the average age was 32.1 and the most common age was 32.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 7, Stepney Causeway, London, 0.2% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 7, Stepney Causeway, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.